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Aurora Eiendom AS (OSL:AURA) Gross Profit : kr514.3 Mil (TTM As of Sep. 2024)


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What is Aurora Eiendom AS Gross Profit?

Aurora Eiendom AS's gross profit for the three months ended in Sep. 2024 was kr120.6 Mil. Aurora Eiendom AS's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was kr514.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Aurora Eiendom AS's gross profit for the three months ended in Sep. 2024 was kr120.6 Mil. Aurora Eiendom AS's Revenue for the three months ended in Sep. 2024 was kr142.7 Mil. Therefore, Aurora Eiendom AS's Gross Margin % for the quarter that ended in Sep. 2024 was 84.51%.

Aurora Eiendom AS had a gross margin of 84.51% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 3 years, the highest Gross Margin % of Aurora Eiendom AS was 91.77%. The lowest was 87.94%. And the median was 90.41%.


Aurora Eiendom AS Gross Profit Historical Data

The historical data trend for Aurora Eiendom AS's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Aurora Eiendom AS Gross Profit Chart

Aurora Eiendom AS Annual Data
Trend Dec21 Dec22 Dec23
Gross Profit
142.88 411.05 511.56

Aurora Eiendom AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 122.82 127.55 136.10 130.09 120.60

Competitive Comparison of Aurora Eiendom AS's Gross Profit

For the Real Estate Services subindustry, Aurora Eiendom AS's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aurora Eiendom AS's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aurora Eiendom AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where Aurora Eiendom AS's Gross Profit falls into.



Aurora Eiendom AS Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Aurora Eiendom AS's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=574.831 - 63.273
=511.6

Aurora Eiendom AS's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=142.698 - 22.099
=120.6

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr514.3 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Aurora Eiendom AS's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=120.6 / 142.698
=84.51 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Aurora Eiendom AS  (OSL:AURA) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Aurora Eiendom AS had a gross margin of 84.51% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Aurora Eiendom AS Gross Profit Related Terms

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Aurora Eiendom AS Business Description

Traded in Other Exchanges
Address
Oravegen 4, Surnadal, NOR, 6650
Aurora Eiendom AS is a Norwegian real estate company that owns, operates, and develops shopping destinations, and creates value for customers, tenants, and investors. The company owns and operates shopping centers in Norway and generates revenue in the form of rental income.